Change - Announcement of Cessation::RESIGNATION OF CHIEF EXECUTIVE OFFICER - MR MAYANK VISHNOI

Issuer & Securities

Issuer/ Manager
DIGILIFE TECHNOLOGIES LIMITED
Securities
DIGILIFE TECHNOLOGIES LIMITED - SG1BD0000008 - BAI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Sep-2021 21:23:35
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF EXECUTIVE OFFICER - MR MAYANK VISHNOI
Announcement Reference
SG210929OTHRLHYE
Submitted By (Co./ Ind. Name)
Maneesh Tripathi
Designation
Non-Independent Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Mayank Vishnoi as Chief Executive Officer of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The details of the contact person for the Sponsor is:
Name: Mr. Leong Weng Tuck (Registered Professional, RHT Capital Pte. Ltd.)
Address: 6 Raffles Quay, #24-02, Singapore 048580
Contact: sponsor@rhtgoc.com

Additional Details

Name Of Person
Mayank Vishnoi
Age
37
Is effective date of cessation known?
Yes
If yes, please provide the date
27/10/2021
Detailed Reason (s) for cessation
Mr. Mayank Vishnoi resigned as Chief Executive Officer of the Company to pursue other career opportunities in other area. After having interviewed Mr. Mayank Vishnoi, the Company's Sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr. Mayank Vishnoi.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/04/2021
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Role and responsibilities
Responsible for leading and driving strategic direction and growth of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Mayank Vishnoi holds 80,536 shares in the Company.
Past (for the last 5 years)
Resfeber International Pte Ltd
Present
1. Delteq Pte Ltd
2. Delteq Systems Pte Ltd
3. Singapore Electric Vehicles Pte Ltd
4. Cavu Corp Pte Ltd
5. Peremex Pte Ltd
6. Director and Chief Executive Officer of Modi Indonesia 2020 Pte Ltd
7. Spice-CSL Pte Ltd
8. SEV Projects Pte Limited
9. Spice International Sdn Bhd
10. CSL Mobile Care (M) Sdn Bhd
11. CSL Multimedia Sdn Bhd
12. PT Selular Global Net
13. PT Selular Media Infotama
14. PT Metrotech Jaya Komunika Indonesia
15. PT Technomas Internusa
16. Bharat IT Services Limited
17. Autonomous Electric Mobility Private Limited
18. Newtel Corporation Co., Ltd
19. T.H.C. International Co., Ltd
20. MediaRing (Europe) Limited
21. MediaRing.com (Shanghai) Limited